New York Lotto News and Payout for Saturday, February 28th, 2015

Updated: Sunday, March 1, 2015 01:08 AM

Wednesday's New York Lotto game jackpot grew to $10.70 million, because no ticket matched all 6 numbers drawn Saturday night. The numbers from Saturday, February 28th, 2015 night's drawing were 04, 21, 26, 27, 53, 57 and bonus number 16. The New York Lotto grand prize has been growing for 29 draws since Saturday, November 22nd, 2014. The last jackpot was won by one lucky ticket sold in County, matched all six numbers for a $12.4 million top prize.

While there was no jackpot winner Saturday evening, New York Lotto had some big winners. A total of 5 lucky winners won the third prize and each collected $3,836 cash. With 5 prize tiers, there were a total of 18,579 tickets sold across New York won a total of $58,517 prizes in the Saturday, February 28th, 2015 drawing.

New York Lotto drawings are held every Wednesday and Saturday night at 11:21 p.m. Eastern Time. To play New York Lotto, select six numbers from a set of 59. The overall odds of winning is about 1 to 46. The chances of winning New York Lotto jackpot are about 1 in 45 million. The minimum New York Lotto advertised jackpot is $2,000,000. If nobody wins the jackpot, the jackpot prize pool fund will be carried over to the next jackpot. If no second prize winners, the second prize pool money will be added to the second prize pool for the next draw.

Click here for detailed information of New York Lotto payout and news.

About New York Lotto

New York Lotto is a popular jackpot game offered by the immensely popular New York Lottery. This company has been in business in 1967 and it has generated more than $34 billion revenue which has directly benefited the field of education. This makes it one of the oldest lotteries run by a state government in the United States. Only New Hampshire has an older lottery. As a matter of fact, most people do not know that lotteries were first started as a means of raising much needed funds for various social projects such as bridges, roads, schools and even churches. This company also generates more sales than any other lottery in the United States.

There is no doubt that New York Lotto is not as popular as some of the other jackpot lotteries from New York Lottery, but it is nevertheless a game that generates a lot of business. The New York Lotto offers a fixed payout of 40% as its prize. New York Lotto jackpots start at $3,000,000 (this sum is paid out in 26 graduated installments). However, rollovers have come down to $300,000 starting from the weekend of Thanksgiving last year (2012). Prior to that, the rollovers were $500,000. There is no denying the fact that the size of the jackpot has come down over the years. Just two decades ago the jackpot had reached $10,000,000 thanks to a single rollover.

The New York Lotto is drawn every week on Wednesdays and Saturdays at 11:21 pm. Each play of $1 entitles a person to 2 games. One of the biggest advantages of this game is that it is very easy to play. The jackpot winner has to match all 6 numbers. If more than one person matches these numbers then they will have to share the jackpot equally.

How to play New York Lotto?

There are a few simple steps involved in playing New York Lotto. They are:

Start by getting a New York Lotto playcard. This should not be very difficult because the playcards are available by any retailer who sells New York Lottery products. You can check on the internet to find out which place is closest to you. Each New York Lotto playcard consists of 10 game panels. Each of these game panels has a grid of numbers starting from 1 and ending at 59.

You then need to select any 6 numbers and mark them in your New York Lotto playcard. Remember that the jackpot will be determined on the basis of 6 numbers. Keep in mind that you can only use the numbers printed on the playcard which are between 1 and 59.

Use a pen with black or blue ink (or even a pencil) to mark out the numbers of your choice. You cannot use a pen that has ink of any other color. Also, you cannot use anything but a pencil or a pen to fill out the desired numbers on your New York Lotto playcard. If you do not wish to choose the numbers yourself then you could go for the Quick Pick option. By this option you permit the computer to select numbers for you perfectly randomly.

Choose the amount that you wish to wager. If you wish to play all 10 game panels then you have to pay $5. If you wish to play only 2 games then you have to pay $1.

There is no need to choose your payout option when you are buying the New York Lotto ticket. However, you do need to make this decision in case you win a New York Lotto jackpot. You can choose to be paid the prize amount in cash or as an annuity. Keep in mind that you need to make this decision within 60 days of claiming the prize.

You then need to return your completed New York Lotto playcard to the retailer so that he or she can process it. Once you receive a ticket against your playcard it means that it has been processed. Be sure to check that you get a ticket for each playcard that you submit to the retailer after completing the details.

Check the ticket before you leave the retailer. Since New York Lotto does not permit cancellation of its tickets, you need to make sure that the ticket has been printed with the correct date and numbers.

New York Lotto Bonus Numbers

New York Lotto has a second prize that can only be won on the basis of a Bonus Number. The person who is able to match 5 out of the 6 numbers marked on the playcard in addition to the bonus number will win the second prize. This is the seventh number and is drawn only for the second prize. This particular bonus number is not used to determine any other New York Lotto prize levels.

Subscription for New York Lotto

Regular players of New York Lotto can subscribe; this will enable them to get regular updates on the lottery and also get information about the latest drawings.

When can New York Lotto be played?

You can play New York Lotto on any day apart from draw nights from 4.00 am to 3.30 am. On draw nights the sales of playcards stops at 11.00 pm. Because there is generally a rush to buy tickets on these nights it is best for you to come to the retailer well in advance of 11.00 pm so as to avoid disappointment or being inconvenienced by long queues.

More About New York Lotto

If a particular New York Lotto drawing does not have a jackpot then the pool money for the first prize is automatically carried forward to the next jackpot. Similarly, if the drawing does not result in a second prize winner then the pool money for the second prize will be carried forward for the next draw and added to the second prize pool. Lotto Extra can be played by paying an additional $1 per playcard. Lotto Extra has more prize levels and the odds of winning cash prizes are also better. This add-on to the New York Lotto involves an extra bonus number over and above the initial bonus number. There will be three more prize levels in Lotto Extra, taking the total to eight.

NYLOTTERYX.COM is not associated with the official New York State Lottery. The information contained in this website is provided for informational purposes only. Every effort has been made to ensure that the winning numbers and other information posted on this website are accurate. No valid claim may be based on the winning numbers or other information contained on this website. NYLOTTERYX.COM makes no warranties, guarantees or representations, of any kind, express or implied, as to the content, accuracy, completeness, reliability or timeliness of the information contained in this website or in the sites of any links provided herein. The information should always be verified by contacting the Official Lottery before it is used in any way. In the event of a discrepancy between the numbers posted on this website and the official winning numbers, the official winning numbers shall control.